AP :Automatic Withholding Tax is Not Recalculated When Unapplying Prepayments
(Doc ID 2381739.1)
Last updated on MARCH 29, 2021
Applies to:Oracle Payables - Version 12.2.5 and later
Information in this document applies to any platform.
A prepayment is created, and it has automatic withholding tax (AWT). Apply this prepayment to a standard invoice. When the standard invoice is validated, withholding taxes calculated for differential amount. When you unapplied prepayment from the standard invoice, a negative invoice to the tax authority is not created.
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